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A tiny piece of undeveloped land on a steep slope in Clifton has tongues wagging after the 1,124-square-metre plot went on sale for a whopping R175 million. At R155,694 per square metre, this tiny triangle is the most expensive piece of real estate currently on the market. Real estate specialists Engel & Völkers listed the property on their website, and considering the desirability of Clifton property, we reckon it won't be for sale too long before someone snaps it up.
Building costs are estimated at between R65 million and R75 million. The listing really doesn't have much information considering it's just an empty piece of land, but the emphasis is predictably on location, location, location - and views! The "uniquely shaped stand" offers "ever-changing, mind-blowing views" and "jaw-dropping views of Table Mountain, the Twelve Apostles mountain range and the famous Clifton beaches".
Cape Town Clifton Lion's Head Plot For Sale Property
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